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Indonesian Rupiah inches higher as annual inflation rises in June
USD/IDR pares its daily gains, remaining in positive territory for the third successive day and trading around 17,980 during the Asian hours on Wednesday. The pair inches lower as the Indonesian Rupiah (IDR) receives minor support following the economic data release.Fxstreet
Wed, Jul 1
ECB's Demarco: Central bank can delay decision on additional tightening until next projections
European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Malta, Alexander Demarco, said on Wednesday that the central bank can delay decisions on additional tightening until next projections.Fxstreet
Wed, Jul 1
Japan’s Tankan Large Manufacturing Index rises to 22 in Q2 vs. 16 expected
The Bank of Japan’s (BoJ) Tankan survey of business sentiment surged significantly past market forecasts in the manufacturing sector. Japan’s Tankan Large Manufacturing Index climbed to 22 in the second quarter (Q2) from 17 in the previous reading, stronger than the market expectation of 16.
Fxstreet
Wed, Jul 1
Singapore Dollar: Upside risks as momentum fades against US Dollar – OCBC
OCBC’s Christopher Wong observes that USD/SGD has slipped, tracking broader USD moves as risk sentiment tentatively stabilised. Bullish momentum on the daily chart has faded and RSI has fallen, leaving risks skewed to the downside.
Fxstreet
Tue, Jun 30
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